Ethics and governance in the European Financial centers

A strange website provide investors with informations to state that Luxembourg is a jurisdiction to avoid.
I am severe with Luxembourg on that blog but I think what the website is saying to denigrate Luxembourg demonstrates a strong irresponsibility as Luxembourg, despide many dysfunctions and conflicts of interest that delay de decision making process to implement international recs (FATF, GRECO, OECD...) and weakens the reputation of the center, is not a "business hooligan" : Luxembourg always end up implementing international standards but needs a close international monitoring to do so.


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